NOW price action is back to the uptrend support

NOW Corporation

For the 4th time, NOW's price is back to the support line of its uptrend price channel. If it continues to follow the historical price action around this area, there will be a probability of a technical rebound.

Previous analysis:
https://psetrends.blogspot.com/2017/03/now-bearish-pattern.html

Trading Plan
- Test buy near the uptrend support line.
- Cut-loss on uptrend price channel breakdown.

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